US unemployment claims tick down to 411,000 as economy heals

The number of Americans applying for unemployment benefits declined 7,000 from the previous week to 411,000, the Labor Department said.

Should you get an interest-only mortgage?

Interest-only mortgages can offer flexibility for homebuyers but they're not right for everyone.

Will you owe taxes on interest from savings accounts?

Since the IRS considers interest as taxable income, you will likely owe taxes on interest from your savings account.

Warren Buffett resigns from Bill and Melinda Gates Foundation

The announcement comes weeks after Bill and Melinda Gates announced that they were divorcing after 27 years of marriage but would continue to jointly run the foundation, one of the largest charitable foundations in the world.

Study: Atlanta named worst place to live on minimum wage

A new study says Atlanta tops the list as the worst city to live and work for minimum wage earners in the United States.

Georgia Department of Labor sued over unemployment claim delays

Four Georgia residents are suing the state Department of Labor, saying delays in processing, paying and hearing appeals on unemployment claims violate state and federal law.

Child tax credit: IRS launches 2 online tools to answer eligibility questions

The IRS launched two new online tools on Monday to help families quickly determine if they are eligible for the child tax credit and how they wish to receive those payments should they qualify.

6 reasons why refinancing your mortgage is a bad idea

Before you refinance your mortgage, review your unique situation to determine whether it makes sense.

Medicaid enrollment reaches record high during COVID-19 pandemic

A record 80.5 million Americans were enrolled in Medicaid or CHIP by January 2021 amid the COVID-19 pandemic, government data shows.

Connecticut to give $3,200 bond to every child born into poverty

Children who are born into low-income families will be given a trust fund which will deposit $3,200 into a savings account until the child turns 18.

What insurance coverage do I need if I’m financing my car?

Depending on whether you buy your vehicle outright, lease it, or finance it, you might run into different car insurance requirements.